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Consolidated Condensed Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock at $1 par value
[1]
Capital in excess of par value
Reinvested earnings
Accumulated other comprehensive income (loss)
Treasury stock (at cost)
Balance at beginning of period at Dec. 31, 2022 $ 442,422 $ 37,221 $ 53,282 $ 395,155 $ (5,983) $ (37,253)
Net earnings 19,415     19,415    
Pension and postretirement benefits (net of $10 tax effect) (33)       (33)  
Foreign currency translation 1,758       1,758  
Cash dividends (6,591)     (6,591)    
Stock options exercised 58   50     8
Stock-based compensation 1,006   1,006      
Issuance of treasury stock 2   (93)     95
Balance at end of period at Mar. 31, 2023 458,037 37,221 54,245 407,979 (4,258) (37,150)
Balance at beginning of period at Dec. 31, 2023 516,482 37,221 59,185 458,719 (1,646) (36,997)
Net earnings 29,131     29,131    
Pension and postretirement benefits (net of $10 tax effect) (32)       (32)  
Foreign currency translation (3,590)       (3,590)  
Cash dividends (7,925)     (7,925)    
Stock options exercised 230   196     34
Stock-based compensation 1,271   1,271      
Issuance of treasury stock     (184)     184
Balance at end of period at Mar. 31, 2024 $ 535,567 $ 37,221 $ 60,468 $ 479,925 $ (5,268) $ (36,779)
[1] Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.